Dennis Albaugh Net Worth is$1.5 Billion
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What is Dennis Albaughs net worth? Dennis Albaughs net worth is $1.5 billion dollars. Dennis Albaugh is the richest person in Iowa. Born in Ankeny, Iowa, Dennis Albaugh had zero interest in joining his familys farm business, and instead went to Des Moines Area Community College to focus on agricultural business. After graduating, he focused on fertilizer and seed sales, traveling all over the country for seven years. In 1979, he left sales to focus on opening his own company, Albaugh, Inc., with a focus on fertilizer. After mortgaging his house, he set out to build a client base. His inaugural year was a complete disaster, and he struggled throughout the early 80s, just barely breaking even. In the late 80s, he began selling glyphosate, the primary ingredient in the herbicide, Roundup, made by Monsanto. When the patent for the chemical ended in the US, he bought factories in Argentina and Brazil to continue manufacturing it. His business has continued to expand, and he is also developing farmland in his home state.

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Dennis Albaugh Latest News

Winnings of Iowa Horse in Kentucky Derby Pledged to DMACC

Ankeny billionaire Dennis Albaugh and his wife, Susan, say if their horse, Brody's Cause, wins the 142nd "Run for the Roses" this Saturday, they'll give the $500,000 prize to DMACC. Right now Brody's Cause has a "12-to-1" shot to win the race. That's the ...
Posted: May 3, 2016, 12:59 pm

Brody's Cause, Cinco Charlie to stand at Spendthrift

Brody's Cause, who raced for Dennis Albaugh's Albaugh Family Stables, captured the Grade 1 Breeders' Futurity as a 2-year-old and subsequently finished third in the Breeders' Cup Juvenile. The son of perennial leading sire Giant's Causeway added another ...
Posted: October 11, 2016, 3:15 pm

15 photos: Albaugh donates $2 million to Ankeny projects

15 photos: Albaugh donates $2 million to Ankeny projects Dennis Albaugh, CEO of Albaugh LLC., announces two $1 million gifts to the Ankeny school district and Des Moines Area Community College on Monday, Dec. 22, 2014, Check out this story on ...
Posted: December 22, 2014, 2:23 pm
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